Stephens Insurance names new CEO, Chief Strategy Officer

Stephens Insurance, LLC, an affiliate of Stephens Inc., announced Wednesday (Jan. 8) that Korosh Saba will serve as the new President and Chief Executive Officer and Lizzie Phillips Sanford as the new Chief Strategy Officer of Stephens Insurance.

Miles Stephens, the former CEO of Stephens Insurance, was appointed Co-CEO of Stephens Inc. on Tuesday.

“Korosh is an exceptional leader who consistently provides outstanding client service,” said Stephens. “His insight, work ethic, and guidance have proven invaluable to clients, Stephens Insurance professionals, and the broader firm. I am incredibly proud of Korosh and am confident he will excel as President and CEO of Stephens Insurance.”

Saba joined Stephens Insurance as a Senior Vice President in 2019. Prior to that, he was part of Stephens’ investment banking division within the Power & Industrial Technology group and began his career at Stephens in the firm’s Equity Research department in 2011.

Saba earned his MBA from the University of Chicago and is an honors graduate of the University of Arkansas.

“Lizzie has been an integral part of our team for more than five years and has demonstrated a great capacity for data driven results,” said Stephens. “She has a uniquely diverse background in analytics and economics that brings together different data points to show a new side of challenges and opportunities. As Chief Strategy Officer, Lizzie will further our ability to serve client needs with greater insights and a broader slate of solutions.”

Sanford joined Stephens Insurance in 2019 as Chief Information Officer. Prior to that, she started her own firm, Rock Analytics, which specialized in data visualization solutions. Before Rock Analytics, Sanford was a Director and Senior Economist at Keybridge in Washington, D.C.

Sanford holds an MPA in Economics and Health Policy from Princeton University and is a graduate of Rhodes College.